(a) What is the advantage of a call provision for an issuer? (b) What are the disadvantages...

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(a) What is the advantage of a call provision for an issuer?
(b) What are the disadvantages of a call provision for the bondholder?

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Bond Markets Analysis and Strategies

ISBN: 978-0133796773

9th edition

Authors: Frank J.Fabozzi

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Question Posted: Aug 22, 2015 07:23 AM

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(a) What is the advantage of a call provision for an issuer? (b) What are the disadvantages...

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a Inclusion of a call feature benefits bond issuers by allowing them to replace an old bond issue wi...View the full answer

Bond Markets Analysis and Strategies

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